4 Bed Block Of Apartments House For Sale Victoria Road, Widnes, WA8

£270,000- Block Of Apartments

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Last Updated: 1st January 1970

Description

This is an investment opportunity to purchase a block of 2 flats and 1 commercial unit in Widnes generating a 9.8% gross yield.\r
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Please note that this property is also part of a larger portfolio listing.\r
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- Block information:\r
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-- The block is made up of 3 units comprising:\r
--- 2 x 2-bed apartments\r
--- 1 x commercial unit (beauty shop)\r
-- The commercial unit was fully refurbished 3 years ago\r
-- The 2 apartments were fully refurbished 2 years ago\r
-- The apartments and commercial unit are fully let\r
-- EPC ratings C\r
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- Rental information:\r
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-- Monthly rental income for the apartments: £1,100\r
-- Monthly rental income for the commercial units: £1,108.33\r
-- Total monthly rental income: £2,208.33\r
-- Total annual rental income: £26,499.96\r
-- Total gross yield: 9.8%\r
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- Location information:\r
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-- The property is located in the centre of Widnes\r
-- Easy access to the A562 and A533 and the further road network\r
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- Note:\r
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Please note that Vesta has not visited this property and that all material has been provided by the vendor.
Agent Details
Vesta
Aston House, Cornwall Avenue, London, N3 1LF

Investment Analysis

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Calculators

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Legal - YOUR PROPERTY MAY BE REPOSSESSED IF YOU DO NOT KEEP UP REPAYMENTS ON A MORTGAGE OR ANY DEBT SECURED ON IT.

Property Forecaster are working in partnership with Midland Mortgage Bureau Limited. Midland Mortgage Bureau Limited is an appointed representative of The Right Mortgage Ltd, St Johns Court,70 St Johns Close, Knowle, B93 0NH, which is authorised and regulated by the Financial Conduct Authority. Midland Mortgage Bureau Limited financial Services Register number is 756490. The Right Mortgage Ltd Financial Services Register number is 649443.
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This is the potential achievable yield.
Potential Return-on-Cash Invested